Webinar | Wednesday, 2/28/2024, 12:00 EST
Robotics-as-a-Service: Overcoming Production, Labor, and Financial Challenges with Affordable Automation
As a business leader, you need a new way to overcome the production, labor, and financial challenges you face on a daily basis. With the cost of goods and labor continuing to increase, high quality throughput in your facility is now the number one focus to drive scale and growth.
Historically, automation was only an option for global businesses with large financial resources and extensive engineering teams. Formic’s Robotics-as-a-Service (RaaS) has changed the game - an affordable way for businesses to "hire" robots, repurpose their team, and cut costs by 40%. Zero automation experience needed. Now automation is available for everyone, including you.
What You Will Learn:
- Top Challenges & Strategic Initiatives for Food Production Leaders In 2024
- Traditional Blockers To Automation Adoption
- Unlocking Automation Success With Robotics-as-a-Service
- Impact on Safety, Quality, and Throughput
- Pro-Tips on Preparing Your Team for Automation Adoption
Founded in 2020, Formic is accelerating the adoption of automation across small to mid-sized U.S. manufacturers and boosting productivity by removing the risk, complexity, upfront capital, and expertise that typically exist as barriers to onboarding this transformative technology. Our “Robotics-as-a-Service” model delivers automation at a low hourly rate with contractually guaranteed performance. Customers only pay for the time the machines are producing for the business.
With a full-service managed automation offering that includes everything from specifying and deployment to 24/7 monitoring, maintenance, and upgrades - all for a low hourly rate, we're creating an innovative and accessible competitive advantage for small and mid-sized factories to enable scale and growth that was once only available to large companies.
Trusted by America's Small & Mid-Market Manufacturers
“Formic has skin in the game because they're incentivized based on when the machine is running, not when it is down.”
“Formic really centralizes and democratizes the capabilities of robotics in a way we've never seen before.”
“We've been looking at automation for a few years... Not having any upfront costs (with Formic) was very attractive and helped ease the minds of owners during our capital planning meetings.”
About the Speaker
Misa Ilkhechi, Co-Founder of Formic, leads the Sales team to help small-to-mid sized manufacturers automate without upfront costs, in-house expertise, or capital risk. Prior to starting Formic, Misa has worked in a variety of sales and engineering roles for companies such as Bosch, John Deere, Ametek and Universal Robots, where he sold and deployed over 500 robots. He has had an active role in consulting manufacturing companies on how to improve efficiency and productivity through automation. He holds a BS in Mechanical Engineering from University of Illinois at Chicago and works out of Formic’s Chicago headquarters.